A Bloomberg report about the Justice Department joining a lawsuit against another hospice...

|By:, SA News Editor

A Bloomberg report about the Justice Department joining a lawsuit against another hospice operator may be contributing to weakness in Chemed (CHE -1.9%) shares. DOJ and the Department of Health and Human Services are already investigating Chemed’s Vitas Healthcare, for “an extensive scheme” to defraud the government of “hundreds of millions of dollars."